London leads this year’s international financial centres (IFCs) ranking, which measures the performance of the IFCs in a series of financial market, business and economic indicators, and puts a premium on international appeal rather than size.
The UK capital scores similarly to New York – last year’s leader and now in second place – within the financial markets data category, but excelled in factors such as business friendliness and the depth of the various business clusters present in the city. London also generates the largest value of outward as well as inward foreign direct investment in the financial sector.
